How Does Craps Work

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from The Wizard of Odds

  1. Live Craps Videos Las Vegas
  2. Understanding Craps
  3. How Does Craps Work
  4. How Does The Game Of Craps Work

Classic Regression. Wait for the dealer to announce the point. Place a $6 bet on the 6 and a $6 bet.

Live Craps Videos Las Vegas

This following information graciously provided by the Wizard of Odds, the most recognized authority on casino gaming and table
odds on the Net. The Wizard is a member of the Casino.com Hall of Fame, an adjunct
professor of gaming math at The University of Nevada, Las Vegas, and makes his living
How to play online roulette. consulting for land and Internet casinos and casino game developers.

A craps tournament is all about you beating your fellow contestants and it has nothing to do with eeking out an edge against the house. It only matters that you advance in the tournament by beating your next nearest competitor by at least one-dollar. Instead, if the dice roll on 12, the wager results in a draw or a push and your money is refunded. If you roll one of the other craps numbers such as 2 or 3, then you win an even payout or 1:1 odds. Also, the actual odds of the winning this bet are 976:949, so this is very close to the 1:1 payout. Six cards are used, numbered one to six. They are randomly placed in six positions on the table. The roll of two dice will determine which card (s) are turned over, that shall deterine the outcome for betting purposes. With each new shooter, the cards are re-arranged. The odds are the same as conventional craps. The Come Bet in Craps. C ome bets work like Pass Line bets, but the key difference between the two is that you make a Pass Line bet before the shooter establishes a point; whereas, you make a Come bet.

Crapless Craps

by the Wizard of Odds

In my ten commandments of gambling I advise that you avoid gimmicks and this is
an illustrated example. The Stratosphere Casino in Vegas and some casinos in Mississippi
proudly boast of 'crapless craps,' a craps variant in which the player can not lose
a pass bet on the come out roll. If any number other than a 7 is rolled on the come
out roll it becomes the point. What you are giving up is the sure winner of 11 on
the come out roll. To the mathematically challenged it may seem a good deal, that
you are only giving up 1 sure winner for 3 sure losers. The catch is that the probability
of hitting a point of 2 or 12 is only 1/7, and the probability of hitting a point
of 3 or 11 is only 1/4. So the player is not gaining much on the 2, 3, and 12 since
they will likely lose anyway, but is giving up a sure winner on 11 for only a 1/4
chance of winning. Overall the house edge on the pass bet in crapless craps is 373/6930
=~ 5.382%, compared to 1.41% in a real craps game.

Crapless craps does offer free odds of 6:1 on the 2 and 12, and 3:1 on the 3 and
11. The following table shows the combined house edge by combining the pass line
and the odds:

Combined house edge on
pass and buying odds
in crapless craps
1X odds2.936%
2X odds2.018%
3X odds1.538%
5X odds1.042%

You can also make place bets on the 2, 3, 11, and 12. The 2 and 12 pay 11:2 with
a house edge of 7.143%. The 3 and 11 pay 11:4 with a house edge of 6.250%. There
is no don't pass bet in this game.

Crapless Craps Story from The Bone Man

One night while standing on a dead craps table, graveyard shift at the Stratosphere,
Las Vegas, a customer came up and asked us if we could move over and open the Crapless
Craps table.

The boxman and night shift manager said sure, no problem, so the crew closed down
the regulation table and opened up Crapless Craps.

The player bought in for $500 and pretty soon at about 4:30 am other players started
joining in on the action.

The Player began his wagering by making $25 Pass Line and Come Bets and started
off conservative. His streak began early and pretty soon he started pressing by
placing maximum odds on his Pass Line and on all Come Bets. Pretty soon, with the
help of some hot rolls, he had filled all the numbers – 2,3,4,5,6,8,9,10,11 and
12 taking maximum odds.

By 7:30am or so he cashed out for $30,000.

As I was ready to take my scheduled 20-minute break at 7:40am I heard the boxman
say to the night shift manager, 'Gee, maybe we shouldn't have opened up Crapless
Craps for that guy.'

Well… Duh.

I would have liked to have seen the look on the player's face though, when he tried
to cash in his chips and the cage asked him to fill out the tax form!

Point of Trivia

On a regular craps table when you refer to 'Outside Numbers' you are referencing
the 5,9,4 and 10. But on a Crapsless Craps table, because the 3,11,2 and 12 are
also 'Point Numbers' and boxes for these numbers are on the layout… the 3,11,2
and 12 are called 'The Extreme Outside'. But the chances are that if you ever call
a combination bet to 'Place the Extreme Outside' the dealer probably won't even
know what you are talking about.

27/02/2020

There are two types of betting strategies: conservative strategies that involve making one or two bets and taking them away before things get dangerous, and all-encompassing strategies with bets all over the board. Craps is the perfect example to demonstrate how these strategies work out. There are many gambling strategies out there, but this is just a look at three simple ones:

Classic Regression, Three Point Molly, and All but Seven.

1. Classic Regression

Wait for the dealer to announce the point.

Place a $6 bet on the 6 and a $6 bet on the 8.

Wait for the dealer to roll.

Ask the dealer to take a chip off of each pile.

Wait for the dealer to roll.

Ask the dealer to take a chip off of each pile.

Keep your bet on the table until the dealer rolls a 7.

So far as betting strategies go, this one is solid. Though individual numbers like 7 are more likely to come up than others like 1 or 12, each combination is just as likely as any other. Two 1's is just as likely as a 4 and 5, or a 3 and 6. There are 10 combinations that make a 6 or 8, and only 6 combinations that make a 7, so it's more likely than not that this strategy will win. It still may not be a winner over time. It seems obvious that if a 7 just came up, it may be a while before it comes up again, but that just isn't true. It's just as likely the 7 will come late into the strategy when there are only 2 chips on the table as in the beginning when there is a fresh $12 on the line. There's no delaying the inevitable. The 7 may strike at any moment.

2. Three Point Molly

Place a Pass Line bet with single or double odds.

Place a Come Line wager with single or double odds.

Hang on tight and collect the winnings until a 7 comes up.

Craps

Always replace the Come Bet after winning.

With both bets in place, there are no wrong answers. Except for the numbers that don't count, of course. There are less wrong answers, that's for sure. Unfortunately, the extra bet security doesn't pay. The cost of the extra chips does not make up for the probability of getting a win from the other rolls. It is better just to stick with the single most probable bet instead of going for the mix and match.

3. Anything but Seven

Wait for the dealer to announce the point.

Bet $6 each on the 5, 6, and 8. Bet $3 on the Field.

Wait for the dealer to roll 3 times.

Take all your bets away before the fourth roll.

Because there are chips scattered across the board, money is trickling in every turn. Maybe not quite enough money to make up for the expensive $21 invested, but still a lot. Having the board covered with bets may feel safe, but it's actually the opposite. Money may be coming in almost every time, but this number of bets is expensive to maintain and it's difficult to realize exactly how quickly it's slipping away.

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